A car policy offers financial security in case of a mishap or loss related to your car. As a policyholder, you hold the right to file a claim for any damage to your car. However, before making a claim, consider questions such as, “Should I claim insurance for minor damage? Can a no-claim bonus protection plan help in covering the losses better?” Assess the extent of loss, the impact on NCB (No Claim Bonus), deductibles to be borne by you, and future premium costs before making a claim. Here’s everything you need to know.   

What is NCB in car insurance?

No Claim Bonus or NCB is the discount offered by an insurer on your own damage (OD) or comprehensive car insurance for being a safe driver. Yes, it is the reward for driving safely and not raising any claim during the previous policy term. It begins only after you complete one claim-free year and is given a 20% discount on the premium amount for the next policy. With each passing claim-free year, you can go on accumulating NCBs until it reaches the peak of 50% of your premium amount. However, you must have consecutive claim-free years to be able to do that. Once you file a claim, you lose NCB, and then you must start accumulating it from the scratch. You will get an idea from the following table:

The NCB increases every claim-free year up to 5 years. The percentage of NCB offered depends on the insurance provider and may vary from one insurance company to another. 

Advantages of No Claim Bonus on car insurance premium:

• Discount on renewal premium

Filing a claim should not be the first thing on your mind whenever you see a scratch or a minor dent in the car. They are certainly covered but using the car insurance policy just for making the car look shiny and flawless will increase the future premium amount when you renew the policy. File a claim only when there is a major expense due to an accident or damage beyond repair, car theft, or replacement of major parts. Avoid claiming for expenses that you can afford and save the NCBs for discounts on your renewal premium.

• Lower premium on second car

If you want to replace the car and buy another one, you have the option of transferring the policy and carrying forward the NCBs for your new car. This way you can make a good amount of savings in the new policy premium even if you are switching insurers. The process of NCB transfer is simple and quick. Ask your previous insurer to transfer the NCB and issue an NCB certificate. When you approach the new insurer, present this certificate and NCBs will be transferred to the new policy.

• Good claim history

Filing insurance claims frequently will adversely impact your claim history and increase your renewal premium. The rate of increase in renewal premium could be due to repetitive claims, nature of the claims and terms of each insurer. So, try to maintain a good claim history by retaining NCBs.

Accidents are common on Indian roads. And what are just as common are people using their vehicles on roads without valid insurance. Although it is mandatory to have third-party insurance in India, it is far from being followed by all vehicle owners. So, what happens if your car is hit by an uninsured motorist? While your insurance will cover the damage caused to the third party and their vehicle, who will cover the damages to your car and your medical expenses in case of an injury? Today, we will focus on what to do if you meet with a car accident and the other driver has no insurance.

• Note details: 

When the at-fault driver tries to flee the scene of the collision, instead of chasing him, make note to jot down the vehicle's details such as the registration number, brand and model number. If the at-fault driver remains at the accident scene, try to gather as much information as possible. Based on the details you get about the other vehicle and uninsured motorist, you can file a police complaint and get the other driver to pay for your car’s repair.

• Find witness:

It may so happen that an uninsured motorist hits your car and flees the scene of the accident. In such situations, the only way to learn more about the offender and his vehicle is through a witness. Look for witnesses and check with them if they noticed the other vehicle’s registration number or make. You may also check  if they are willing to testify and record their statement against the at-fault driver. If they do, make a note of their contact information.

• Security cameras:

The accident could have happened when your car was on the road or while it was parked in a parking lot. Either way, it is always a good idea to check the security cameras in the vicinity of the site of accident. Surveillance cameras are common in city squares, supermarkets, and mall parking lots and they can assist you in tracking down the details of the uninsured vehicle that hit your car. If you can't find a security camera, ask around to see if any local shops or residences have captured the incident. If you come across any recordings, save them to your phone or laptop for later use.

• Take photographs:

Regardless of whether you find any information or details of uninsured motorists or not, it is advised that you take photographs of your damaged car at the site of the accident itself. The photographs will serve as proof of collision and damage to your vehicle and will assist you in obtaining compensation from uninsured motorists.

• Inform the police:

Once you have gathered enough information on your own, it's time to file an official complaint against the driver at fault. After lodging the FIR, the police will initiate an investigation and may be able to track down the driver who caused the damage to your vehicle. Filing the FIR immediately after an accident is important because the insurer will require a copy of the FIR for filing third-party vehicle insurance claims. Therefore, if the at-fault driver is underinsured or uninsured, you must submit a copy of the FIR to their insurer. FIR copies also help in obtaining compensation from uninsured motorists.

Road trips have a charm of their own. The fun of a road trip is rarely about the destination, but the journey itself. But what happens if your car breaks down in the middle of the trip? And if that happens on a lonely stretch or at an ungodly hour, your dream trip can quickly turn into a terrifying nightmare. To save yourself from hefty expenses, you may have bought a good online car insurance policy, but that would not help you with the stress and time invested in bringing the situation under control and resuming your travel. However, timely car checks and preparing your car for a long road trip can save you from unnecessary trouble during the journey. Here are some things you must check before embarking on a long road trip.

Top 10 car inspections to perform before hitting the road:

Check your battery

Nothing can be more frustrating than being stranded on the road because your car’s battery gave up midway. Therefore, checking your car’s battery before a road trip must top your list of priorities. Whether it's too cold or hot, running a car in extreme conditions can take a toll on your car's battery. Also, if your car battery is more than three years old, you should get it tested at one of your nearest certified garages. You may go for a battery replacement if you are not satisfied with its condition.

Car insurance policy

Before revving up your car’s accelerator and kickstarting your trip, remember to check your car insurance policy. You must know its terms and conditions to be better prepared in the face of a mishap. If you are planning a long road trip, you may even want to expand its coverage by buying relevant add-ons such as roadside assistance cover, engine protection cover, and more. Also, see if your car insurance policy is up to date. If it has expired, online car insurance renewal can help you in securing your drive in no time.

Replace air filters

If you have not replaced your car's air filters in a long time, you may be setting yourself up for a bad trip. Driving with clogged air filters inhibits fresh air from reaching your engine, causing gradual damage to the engine and other internal components. To make your journey pleasant and free of any unnecessary halts, consider using washable and reusable air filters for greater filtration.

Emergency kit:

Irrespective of the length of your planned road trip, it is never a good idea to drive your car around without an emergency kit. Before taking your car out of the parking lot, check for the first-aid kit. You may also opt for a personal accident cover along with the car insurance policy to safeguard yourself during road mishaps. Meanwhile, an emergency kit is more than a first-aid kit. It should include a flashlight, jumper cables, some basic car repair equipment, flares, and a few other items.

Fill the fuel tank

If you are planning an adventurous trip to the mountains or some far away remote place, make sure your car's fuel tank is full. It is not uncommon to find travellers stranded on roads because they ran out of fuel. Plus, hilly terrains and remote areas may not have many petrol pumps in the vicinity. Therefore, to avoid an unpleasant encounter like this, make a note of this pointer on your checklist before you start your journey. If you are driving an electric vehicle, check to see if it is fully charged.

Car lights

If you are taking your car out on the road during night hours or in foggy conditions, you must check your car's headlights. If your car lights are not working or if their brightness has gone down, consider replacing them with new ones. Driving with dim headlights is not only difficult but is riskier as well.

Road mishaps are a major source of concern for both citizens and the government in India. According to the National Crime Records Bureau (NCRB) data, every 100 road crashes in 2017, 2018, and 2019 resulted in 32, 34, and 35 deaths, respectively. To curb the number of road mishaps and lower the death rate due to accidents, the Ministry of Road Transport & Highways (MoRTH) has laid down several road safety rules in India. Since the number of vehicles on the road is increasing with each passing day, it is important to educate ourselves on various road safety and traffic rules in India. Today, we will look at some important four-wheeler traffic rules in India.

Importance of Traffic Rules in India

Traffic rules make roads safer and ensure a smooth traffic flow, making driving a hassle-free experience for all those on the go.

1. Traffic rules decrease the risk of accidents and injuries.
2. It prevents congestion of roads.
3. Strict traffic rules make commuters follow them, thus protecting them from unnecessary fines.
4. Traffic rules quite literally save the lives of drivers, passengers, and bystanders.

Top Traffic Safety Rules in India for Car Drivers 

1. Do not drink and drive

Drinking and driving may look like fun but it is far more dangerous not just to self but for others too. Besides risking the lives of people on the road, co-passengers and self, being caught driving while inebriated can land you in big trouble with authorities.

What do four-wheeler traffic rules in India have to say about drunken driving? 

• According to Indian law, if you are found driving with a blood-alcohol level of more than 0.03% in your body, then you are breaking the law. 
• The permissible limit for alcohol is 30mg per 100ml of blood. 
• If you are found drinking and driving, you will be penalized for an amount ranging from Rs 2,000 to Rs 10,000. 

Drunken driving also attracts imprisonment for a period ranging from 7 months to 4 years.

2. Car Insurance

According to the MV Act of 1981, driving without minimum coverage in the form of third-party liability cover can attract penalties. If your car is not insured or if your car insurance has expired and you are still driving the uninsured car, the traffic authority can fine you for Rs 2,000. If the same offense is committed again, a penalty of up to Rs 4,000 can be imposed.

3. Always wear your seat belt

Don't call yourself a safe driver if you don't wear your seat belt around your chest and waist habitually. Driving a car with a seat belt not only ensures your safety but is also mandatory under the law. If you are caught breaking this car traffic rule, you could face a fine of up to Rs 1,000.

4. Don't use a mobile phone while driving

Using a cell phone while operating the steering wheel can cause distraction and lead to an accident. According to the new MV rules that came into effect on 1 October 2020, the driver can use his or her mobile phone only as a navigational device. If you are caught talking on the phone or for any purpose other than navigation, you will be fined for an amount up to Rs 5,000. Using a phone while driving can attract imprisonment for a year.

5. Avoid over-speeding

Have you ever noticed a highway speedometer? If yes, you may have also noticed the red display indicating that you exceeded the speed limit. Over-speeding your car can result in a fine of Rs 1,000 to Rs 2,000. The over-speeding fine depends upon the size of your vehicle.

6. Follow traffic signals

In this fast-paced world, everyone is in a rush, and you are not alone. Failure to obey traffic signals can result in a tragic collision. In addition, jumping red signals is prohibited, and violating this traffic rule can result in a fine of up to Rs 5,000 or imprisonment of one year. Apart from the signal, also keep your wheels behind the zebra crossing.

7. Make way for emergency vehicles

Keep your ears alert when driving and as soon as you hear sirens, instantly give a pass to the emergency vehicle. According to section 194E of the MV Act, not granting a pass to the hospital ambulance, fire ambulance, and other emergency vehicle is illegal. If you fail to do so, you could face a fine of up to Rs 10,000.

8. Number plate

While driving your car, make sure your number plate is clearly visible. Driving with a broken or damaged registration plate is illegal and is considered a serious offense.

9. Always keep your driving license handy

Driving a four-wheeler without a valid driver's license in your car or a digital version in a digital locker is unlawful in India and can result in a fine of up to Rs 5,000. Also, keep other essential documents such as RC, PUC, and insurance papers with you at all times while driving.

10. Rash driving

Rash driving can lead to a severe car crash. If you enjoy speeding and overtaking cars for no reason, you are encouraging authorities to penalize you. In India, reckless driving is punishable by a fine of Rs 5,000.

Importance of Car Insurance Policy

A Car insurance policy is not just a legal necessity but also a safety measure for the vehicle and a useful step in protecting your well-being and financial health.  

1. Indian Motor Vehicle Act 1988 mandates all drivers to at least have a third-party vehicle insurance policy.
2. Insurance helps cover third-party liabilities after an accident.
3. Insurance compensates for theft and damages dues to accidents and natural and human-made calamities.
4. With some insurances giving a cashless option, you can save money while getting useful repairs for your car at a network garage.

FAQs

1. What happens if I break a traffic rule?

There are fines and legal measures such as the seizure of vehicles, suspension of licences, and, in extreme cases, imprisonment for breaking traffic rules in India.

2. Is wearing a seatbelt mandatory for passengers?

Yes, Indian traffic rules mandate that all passengers, including at the rear, should have seat belts on for safety.

3. When to renew my car insurance policy?

Usually, car insurance policies are valid for a year and need to be renewed after that.

4. Can I drive my car without original documents?

If you have a digital copy of your vehicle documents, you can drive your car and show it to authorities if asked during a vehicle check.

Conclusion

Now that you are aware of road safety rules in India, follow them to avoid any penalties or fatalities on the road. Be a responsible citizen by adhering to traffic rules and making roads safer.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information. 

Regular car maintenance is essential to keep it in top condition. While you need to replace some parts from time to time, regular checks can help extend the life of your car and cut down visits to repair shops. In the process, they also help you save money and ensure you drive optimum performance from your vehicle.

Also, checking the fitness of a car isn’t as time-consuming as you think. Regular fitness checks encompass a range of things, and this article covers all of them. What are these? Let’s find out.

Level of Engine Oil

Engine oil has a vital role to play in your car’s performance. It is essential for the smooth running of the engine, curbs fuel emissions, and enhances the engine's overall performance. The engine oil also helps cool the engine circuit and protects it from corrosion. The additives in engine oil slow the process of corrosion, thereby enhancing the engine's lifespan.

Hence, you must always ensure that the engine oil is maintained at optimum levels. Use a dipstick or an electronic gauge to check the level of oil. Make sure to get the level right before driving. Also, check its texture. It should be translucent and smooth. If you find it too dark, you should change it immediately.

Inspection of Tires

There’s nothing more irritating than finding your tires deflated before driving. Also, tire blowouts while driving can be dangerous and put your life at risk. Hence, you must always inspect them to check for leaks and punctures. Equally vital is to ensure that tires have optimum pressure. Proper tire pressure prevents accelerated wear and tear, which could lead to premature tire replacement.

On the other hand, excessive heat is generated if you drive with under-inflated tires, which could push tires to the point of failure. Hence, always inspect the tires at least once a week or fortnight. Equally essential is to make sure the spare tire is in good condition. Regularly check it for optimum pressure and get leaks and punctures fixed.

Check Other Fluids

Along with engine oil, other fluids in your car play a vital role in its performance. Your car’s performance can suffer drastically if any of these fluids leak. These include:

• Coolant
• Power Steering Fluid
• Brake Fluid
• Transmission Fluid

Therefore, you must closely watch on them and ensure they don’t leak. Each of these fluids has a distinct color through which you can identify them in case of leakage. If you spot a leakage, take your car to the mechanic without delay. Also, just like engine oil, make sure the levels of these fluids are maintained at optimum levels.

Inspect Your Car’s Battery

The battery is the heart of your car. For ultimate car performance, the battery must be in top shape. Hence, you must regularly inspect it to ensure it’s in proper condition. If you find these signs, they are a warning signal of a failing battery:

• Dim headlights: If your headlights are dim or weaker than usual, it’s time to sit up and take a note. It means that the battery is not able to power the electrical components.
• Slow crank: If your engine cranks at a slower pace than usual, it’s a warning sign. It suggests that the battery might be nearing its end.
• Backfiring: It is one warning sign that you can’t afford to miss. A failing battery will cause sparks, leading to fuel accumulating in cylinders. When you ignite this fuel, your car backfires.

If temperatures get too high in your area of residence, car batteries don’t last long. Hence, you must take special care of your car’s battery and examine it for corrosion signs. If your car doesn’t start as effortlessly as it used to, clean the battery's contact points.

Just as not all cars cost the same, all car insurance premiums also do not cost the same. Of the many factors that influence a car’s premium, one is the fuel type or variant of the car. Whether your car is a petrol or diesel variant affects the cost of car insurance premiums. Wondering why? The reason is simple. The car fuel type impacts many other factors that have a direct influence on the insurance cost. Some of those factors are:

1) Cost of the vehicle

The cost of the vehicle is important in determining insurance premiums. A diesel car is often priced higher as compared to its petrol counterpart. Since the price of a car is directly related to the cost of its insurance, the higher the price of a car the higher will be the insurance charge. You will find this when you compare the online car insurance cost for diesel and petrol cars.

2) Cost of repair

Cost of repair can have an impact on the insurance premium charged. Typically, a car with a diesel engine involves a higher cost of maintenance over the years. So, insurance companies tend to charge a higher premium for cars with a diesel engines when compared to their petrol counterpart. The same is also true for high-end cars and cars with expensive spare parts.

3) Insurance Declared Value or IDV

It is the estimated market value of a vehicle and has a direct impact on the cost of insurance premiums. Since the cost of a vehicle with a diesel model is higher, its IDV will also be higher, thereby affecting the cost of insurance. The decrease in the IDV of a diesel car would be slower so the renewals would still be more expensive than that for petrol variants.

4) Engine capacity

The engine capacity of the vehicles can also influence the cost of insurance premiums for the cars.  Since the engine capacity of diesel-driven cars is it raises the parameters on which the cost of insurance is valued. On the other hand, petrol-driven cars have a comparatively lower level of engine capacity.

5) Fuel efficiency

One of the most important factors that must be considered while buying a car is its fuel efficiency. Petrol cars are best when it comes to achieving initial power but diesel cars run best in higher gears. In the long run, diesel cars seem to be more fuel-efficient than petrol cars.

Owning a car is not enough. You must protect it with the right insurance policy to be able to take it out onto the roads. In fact, it is mandatory to have third-party insurance to drive your car on Indian roads. While third-party insurance protects you from third-party liabilities in case of an accident, it does not cover your damages or medical costs. For that, you must choose a different type of policy. Yes, there are different types of car insurance and you must get the one that meets your needs and budget. Understanding car insurance and its benefits would help you in selecting a policy that offers you ideal financial protection without being heavy on your pocket. Here’s what you must know about the various kinds of car insurance:

• A third-party liability policy

Indian law mandates every car owner to have a third-party liability policy. To ensure everybody can afford it, its premium is fixed by the IRDAI or Insurance Regulatory and Development Authority of India. The policy offers basic coverage and is limited to covering losses related to the third party only. The insurers do not have any control over the premium. Simplifying the insurance terminology:

• First party – policyholder or buyer of the policy
• Second party - insurance company or the insurer
• Third-party - an individual who demands compensation against damage to himself or his property, caused by the first party

Also known as a liability-only policy, it compensates for the following:

• Damage to vehicle or property of the third party

Any damage to the vehicle or property of a third party caused due to an accident involving the insured car is compensated by the insurer up to a specific amount.

• Injury to the third party

If an individual is injured in an accident caused by your car, he would get compensated. The policy would cover the financial expenses for their hospitalization and treatment. The amount paid would depend on the Motor Accident Claims Tribunal’s decision.

• Death of a third-party individual due to an accident

In the unfortunate event of the death of a third party due to an accident caused by your car, a lump sum financial amount would be paid by the insurer to the family of the deceased.

• Legal liabilities Your insurer will also take care of all the legal liabilities faced by you, the policyholder, in case of an accident. 

The policy works fine as long as your car is not damaged since the policy does not cover that. The entire repair or replacement cost for your car has to be borne by you. If you have an old car that you are planning to sell off, the basic third-party policy would be sufficient. However, you need to reconsider your decision if you have a high-end or brand-new car. In these cases, you may want to check car insurance of different types such as an own damage policy or a comprehensive policy.

• Own damage (OD) policy

It covers damages to your car due to accidental or non-accidental causes. Some of the damages covered by it include:

• Damage due to accidents

After an accident, take the help of your insurer to tow your car to the nearest network garage and get it fixed. Under a cashless claim, the insurer will directly pay the workshop for the repair work.

• Natural calamities

Under OD policy, the car would be financially covered against natural disasters such as floods, landslides, rockslides, and severe weather conditions such as storms, cyclones, and earthquakes.

• Manmade hazards

Damage caused due to manmade incidents such as riots, strikes, civil disturbances, torching the car, and vandalism is covered under the OD policy.

Times have changed. With the advent of new technologies in the automobile sector, more and more car manufacturers are investing in designing and manufacturing hybrid and electric vehicles. The hybrid or electric car not only reduces the burden of extensively utilizing fossil fuels for mobility but also offers an environment-friendly alternative to petrol and diesel cars. While both hybrid and electric cars are sustainable energy-driven cars, they still have some differences in terms of technology and efficiency. Today, we will focus on electric cars vs. hybrid cars.

What are hybrid cars?

As the name implies, hybrid cars have two engines—petrol as well as diesel. These vehicles are also known as hybrid electric vehicles as they use both, an internal combustion engine (ICE) and at least one electric motor to generate power. This cycle not only saves you money on fuel but also improves the efficiency of your engine. You cannot charge a hybrid car's battery by plugging it into a power source. Instead, you can charge it using the ICE and regenerative braking. A hybrid car's battery can also help in powering the auxiliary load and reducing engine idling. 

Benefits of hybrid cars:

• Cleaner emission:

Compared to the emission levels of ICE vehicles, hybrid cars are less polluting. This is because hybrid cars use both internal combustion engines and electric motors to turn the wheels.

• Fuel efficient:

Since hybrid cars include both internal combustion engines and electric motors, they utilize significantly less fuel than cars that simply have internal combustion engines. The additional power available with them makes them an environmentally-friendly cars. 

• Regenerative braking:

In hybrid cars, you don't need to put your car on halt for battery pack charge. Since the car's electric motor generates electricity whenever you apply the brakes, the battery gets recharged automatically.

Disadvantages of hybrid cars:

• Lower performance:

Since the primary objective of a hybrid car manufacturer is to improve its fuel efficiency, its power and acceleration are much lower than those of standard internal combustion engine vehicles.

• Expensive purchase:

Compared to internal combustion engine cars, hybrid cars are more expensive due to the presence of dual engines and related features. 

• High maintenance cost:

Due to the advanced technology used and the presence of dual engines, the maintenance costs of hybrid cars can dig a hole in your pocket. Also, to get your hybrid car repaired, you need the assistance of a certified mechanic as not all mechanics are trained in or are knowledgeable about hybrid vehicle maintenance. Therefore, it is advised that when you purchase a hybrid car, make sure to secure it with hybrid car insurance.

What are electric cars?

Electric automobiles, often known as electric vehicles or EVs, run on an electric motor instead of an internal combustion engine. This makes them pollution-free clean cars. EVs are often devoid of a fuel line, a fuel pump, and a tank. They need plugging into a charging port to draw power from the grid. The electricity in the EV is stored in the rechargeable battery. Interestingly, EVs accelerate faster and are lighter to drive than ICE cars. If you are planning to buy an EV, don't forget to secure it with electric car insurance.

Benefits of electric cars:

• High efficiency:

EVs have far more energy than fuel-powered vehicles. EVs are energy efficient since they convert 62% of their electric energy into the vehicle's power source. However, in ICE cars, the efficiency rate drops to just 21%.

• Zero emissions:

One of the most significant advantages of driving an electric vehicle is that you are helping to protect the environment. With zero tailpipe emissions, EVs are less polluting than ICE cars.

• High performance:

One of the most appealing aspects of driving an electric vehicle is that it produces maximum torque as soon as you press the accelerator pedal. When compared to traditional ICE cars, EVs are also easier to maintain due to fewer moving components.

Bringing in your first car at home is always special and so is taking it out on the roads to explore the world—think of all the adventure and memorable drives awaiting you. But before you embark on a drive, always make sure to carry your driving licence and car insurance documents along. Surely, you would not like to get caught by the traffic police and be penalised for driving without the required papers on the very first day of driving your new car. Also, make sure to follow all traffic rules and regulations to ensure your safety and that of others. For first-time car buyers, here are some tips for driving a car safely:

1. Slow Acceleration

Do you feel like pressing the accelerator and speeding along before others as soon as the traffic signal becomes green? This is common among most first-time drivers but you must control your impulses. Always increase the speed slowly as it is good for the engine as well. Bring the car to roll along slowly from a complete stop and then push the accelerator down in steps. Try to feel the position of the wheels to avoid potholes, a common feature on Indian roads.

2. Steer Steadily

Keep your hands firmly on the steering wheel to keep it steady. This is important for moving in a straight line on the road or during taking turns or changing lanes. Try to stay in the lane meant for your type of car and maintain adequate distance from other vehicles while taking turns or during changing lanes. In case you see a turn or exit coming up, move to the correct lane—left or right—a little early. You may cause problems to the other drivers if you suddenly bring your car in front of their car while taking a turn. The far-left lane is usually for exits and the centre lane for travelling long distances at a constant speed.

3. Control the Brakes

Do not push the brake all of a sudden. It can result in your car getting hit by another car or two-wheeler from behind. You may also hit a vehicle or a pedestrian if you are not able to control the brakes and bring the car to a stop abruptly. It is possible to injure yourself or your fellow passengers as sudden brakes can knock people out of the seats. Strap on the seat belts to keep the impact at a minimum. If you see the signals turning yellow, start applying pressure on the brakes to bring the car to a halt at the proper time. Despite that, if there is an unfortunate incident, inform your insurer immediately. You may call up the emergency number given on your car insurance policy to get help.

4. Do Not Over Speed

Adhere to the speed limits even if you are extremely confident about your driving skills. Rash driving, which is common on Indian roads, is the reason behind most of the accidents. It is for your safety as well as that of others on the road that you must drive at a medium speed or as specified by the traffic department. The traffic department takes into account several aspects such as road type, frequency of accidents, traffic volume, and visibility while fixing the speed limits for different types of roads such as highways, flyovers, and crossroads.

Updated on 10-04-2025

A car’s registration number is the key to information regarding the car’s present owner—for authorities as well as for the common man. Surprised? Don’t be. If you want to track down a car owner who may have either bumped your car and fled the scene or may have caused you trouble by blocking your car in a parking lot, then you can do it in a few easy steps. Today, we will look at how to find the owner of the vehicle by license plate number.

How to Check Vehicle Owner Details by Number Plate Online?

There are multiple ways to check vehicle owner details online. The most commonly used methods include:

1. Through the VAHAN Portal: The VAHAN database is a centralised repository of all registered vehicles in India, managed by the Ministry of Road Transport and Highways.
2. Via SMS Service: The government provides a simple SMS-based service to fetch vehicle registration details without an internet connection.
3. Parivahan Sewa Portal: Another platform that offers vehicle registration details, including ownership and insurance validity.

Check the Owner's Details by Number Plate Through the VAHAN Portal

VAHAN portal furnishes the vehicle registration details following the MV Act of 1988. The portal complies with the regulations of different states and UTs.

You can find the owner of the vehicle by license plate number by using the PARIVAHAN portal. To do that, don't stress much and simply follow the steps given below.

• Step 1:

Go to the PARIVAHAN official website: https://parivahan.gov.in

• Step 2:

Click on “Information Services” and go to “Know my Vehicle”. You will be led to the VAHAN portal.

• Step 3:

Enter the car's registration number you intend to check.

• Step 4:

Input the verification code, or say, a CAPTCHA, given on the page. 

• Step 5:

Tap on "Check Status".

• Step 6:

Your screen will display all the relevant details related to the car.

What Vehicle Owner Details Can I Get Through the VAHAN Portal?

Using the VAHAN portal, you can trace down the following details.

• Car owner’s name
• Car's registration date
• Vehicle class and fuel type (diesel or petrol)
• Car's chassis and engine number (not detailed in full)
• Vehicle's make and model, along with the manufacturer's detail
• Car's fitness duration
• PUC and insurance details
• Car's RC status and details of the financier 
• Car's emission standard

How To Check Vehicle Registration Details With SMS?

If you don't want to go through the aforesaid steps online, simply take out your phone and send a single SMS to obtain the car owner's information. To learn more about the SMS method, follow the steps outlined below.

• Step 1:

Enter your car's registration number by writing VAHAN before that number. (Example: VAHAN UP65CF××××)

• Step 2:

After drafting the above text, send the SMS on 7738299899.

• Step 3:

After texting on the above number, you will receive the car's details such as owner name, make and model, RTO details, car insurance details, and RC expiry details, among a few others.

What is RC (Registration Certificate)?

The Registration Certificate (RC) is an official document issued by the RTO, proving that a vehicle is registered with the Indian government and legally allowed to be driven on roads. Every vehicle owner must have an RC, either in a physical format (RC Book) or an electronic format (e-RC).

Without a valid RC, a vehicle cannot be legally driven, sold, or transferred. The RC serves as proof of ownership and is required during legal or insurance-related proceedings.

What Information Does a Registration Certificate (RC) Contain?

A vehicle’s RC contains essential details such as:

• Registration Number
• Owner’s Name & Address
• Vehicle Make & Model
• Chassis Number
• Engine Number
• Date of Registration
• Validity Period
• Fuel Type
• Seating Capacity
• Insurance Details
• Emission Norms Compliance (BS-IV, BS-VI, etc.)

These details are critical when buying or selling a vehicle, transferring ownership, or claiming car insurance.

Why Do We Need to Check RC Details Online?

Here is a list of some of the common situations in which finding the owner of a vehicle is critical.

• Accident:

When an accident causes bodily injury or substantial damage to your vehicle, knowing the details of the car's owner becomes critical. Following the accident, immediately use one of the above methods to find the vehicle owner by number plate. This will not only assist you in filing an FIR but also in filing an insurance claim.

• Hit and run case: 

When a hit and run case occurs, stopping a culprit driver is one of the toughest tasks. The only thing you can do in this situation is note down the car's number from the number plate. Once you have the number, you can easily trace the owner using one of the aforementioned methods.

• Buying a Used Vehicle:

When you are purchasing a second-hand car, it is critical to know the information of the previous owner. Given the rise in car theft instances, buying a second-hand car without verifying the car owner's information, RC papers, insurance papers, PUC, and other documents might result in serious consequences. As a result, understanding how to find a vehicle's owner by number is critical because it provides all vehicle-related information.

• No Objection Certificate:

With the availability of the VAHAN and PARIVAHAN portals, Regional Transport Office (RTO) can easily track the details of your vehicle using any of the above portals. Therefore, furnishing a NOC is not necessary in certain cases.

FAQs

Q1. Is it legal to check someone else’s vehicle details online?

A: Yes, it is legal to check basic vehicle details online, but sensitive information such as the owner's contact details or address is restricted to protect privacy.

Q2. Can I check the vehicle owner’s address through VAHAN?

A: No, the VAHAN portal does not display the vehicle owner’s address due to privacy regulations.

Q3. How can I verify a used car’s authenticity before buying?

 A: You can use the VAHAN portal to check registration details, insurance validity, and pollution certification.

Q4. What should I do if my vehicle details are incorrect in the VAHAN portal?

A: Visit your nearest RTO with supporting documents to correct any discrepancies.

Q5. Can I download a digital copy of my RC online?

A: Yes, you can download an e-RC from the DigiLocker app or the mParivahan app.

Q6. How to get my car’s registration certificate details?

A: Visit the VAHAN portal and go to “Know your vehicle.” Follow the steps as directed, and you will find the details of your car RC.

Conclusion

With lakhs of cars on Indian roads, finding a vehicle in an unfortunate event might be challenging. However, the above-mentioned online platforms can make it simple to find a car owner by registration number. These services help in legal verification, second-hand vehicle purchases, accident investigations, and compliance with transport regulations. Always ensure that the vehicle’s RC details and car insurance are valid and up-to-date to avoid legal complications and drive safely on the roads.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

Factually, transferring car ownership is a lengthy process. It involves the new owner of the car, the previous owner, and a pile load of necessary documents that need attestation and verification. However, some digital platforms have introduced ways to do it with ease. Before we look into the transfer process in detail, let us understand what it means and when it shouldn’t be done.

• Normal sale and purchase of a used car, wherein the old owner’s name and details on the vehicle’s registration certificate (RC) must be replaced by the new owner’s details.
• Transfer in the case of the existing owner’s demise, whereby the legal heir to the car must inform the RTO about the demise within the next 30 days. However, the utilization of such a car by the heir is allowed for the next 3 months following the owner's demise.
• Vehicle purchase during a public auction; herein, the original owner’s name is replaced by that of the new owner to whom the vehicle has been auctioned.

The process involved in the transfer of car ownership online and/or offline can subtly vary. You may also initiate the process by submitting the necessary application forms on the central government’s dedicated website—‘Parivahan.’

Car Ownership Transfer in the Case of Normal Sale/Purchase

To change ownership of a car under normal sale/purchase, just follow these steps:

• Fill up Form 29 with the necessary details online and take a print.
• Once the details are verified, hand out the form to the local RTO at the seller’s and purchaser’s location of residence. Herein, the purchaser needs to submit Form 30 within 14 days of transfer along with documents related to Form 1 and 2.
• In the case of inter-state transfer, the purchaser needs to fill up Form 30 within 45 days of such transfer and submit necessary documents.
• The buyer must also pay the necessary charges levied on such transfer under Rule 81 of the General Motor Vehicles (GMV) Rules 1989 to complete inter-state transfers.

The necessary documents involved include the vehicle’s RC, insurance certificate to car insurance certificate, PUC certificate, engine and chassis pencil print, the registering authority’s NOC, tax clearance certificate and the purchaser’s undertaking, along with identity and address proofs of both parties involved in transferring car ownership.

Often commuting by cab or your car makes the journey smooth. You may enjoy the thrill of being behind the wheel or prefer relaxing in the rear seat humming your favourite tune. Either way, do you wear a seatbelt whenever you are on the go?

Why wearing a seatbelt is important?

In a report, this year, WHO said wearing belts in the rear seat can reduce the risk of being killed and injured by 25% and 75% respectively. Closer home, surveys done by Maruti Suzuki India in 2017 revealed poor compliance with seatbelt laws as hardly 4% of respondents used seatbelts.Compared to 2020, deaths by road accidents increased by almost 17% in 2021. Do you know what was one of the major causes of death? Yes, not wearing a seatbelt.

How do seatbelts help in enhancing safety?

Seatbelts hold the occupants of the car in place and prevent them from being catapulted forward during an accident. While the seatbelt ensures that the individual stays in his/her place, the airbag’s job is to protect the head and chest from impact. During a collision, seatbelts provide the primary restraint, whereas slamming into an airbag in case of an accident reduces the impact. While all cars in India have seatbelts at the front and rear, they may not have rear airbags. For safe driving, you must get them as part of the accessories. 

Let’s look at what the Indian law says about seatbelts

We all know that wearing a seatbelt is mandatory while sitting in a front seat. But did you know it's compulsory for rear seats too? In India, most cars have rear seats that face the front. As per Indian law, car manufacturers must provide seatbelts for all such seats too and passengers must buckle them up. Breaking this rule can attract a fine of Rs 1,000 for the passengers. However, the execution of the rule remains a concern.

A 2019 report by SaveLIFE Foundation stated that not even 1% of Indians use rear seatbelts. What’s worse is that 23.9% of those surveyed did not even know about rear seatbelts. The study also revealed that 77% of the kids who travelled in the rear seat did not wear seatbelts.

In February, the Ministry of Road Transport and Highways proposed that all front-facing seats must have a Y-shaped seat belt. The proposal included the rear-middle seat as well. 

Debunking a few myths around seatbelt safety 

Myth: In case of fire or drowning situations, seatbelts trap you inside the car  
Fact: Two things to know here are—one, the chances of collision are way higher than a car catching fire or getting submerged in water. Two, there are very less chances of malfunctioning of the seatbelt release mechanism. The benefits outweigh the risks.  
 
Myth: If your car has airbags, you may skip wearing seatbelts 
Fact: As explained earlier, the two have very distinct roles and save you when used together. One without the other may prove useless.  
 
Myth: Seatbelts are needed only on highways 
Fact: Accidents can happen anywhere regardless of how short the distance or how slow you are driving. Always wear seatbelts.  

General seatbelt guidelines to follow 

Gone are those days when you had to pay a fixed yearly premium for your motor insurance policy. You can now buy a policy that charges you a premium based on your vehicle usage or driving behavior.

The Insurance Regulatory & Development Authority of India (IRDAI) has permitted general insurance companies in India to launch telematics-based motor insurance covers such as Pay as you drive and Pay how you drive, allowing vehicle owners to decide how much to pay on their insurance.

By utilizing technology's ability to transmit accurate data on vehicle location and driving behavior, IRDAI's new rule is a welcomed move as it creates a win-win situation for both insured and insurers in India.

What is Pay as you drive & Pay how you drive add-on covers?

Unlike any other car insurance policy in the market, these new policies are built to give you more control of your motor insurance costs. It allows you to prove you are a safe driver, and as a result, you can be rewarded with lower insurance prices on renewal. The lesser/ better one drives, the lower premium they will have to pay.

These insurance add-ons also enable insurance companies to offer reduced average pricing, appeal to low-risk individuals, reduce claims management costs, and improve the overall customer experience.

How do these add-ons work?

This type of add-on works differently if you opt for a pay-as-you-drive or the driving behavior-based cover.

Pay as you drive

Pay-as-you-drive cover operates on the simple rule that you should pay less insurance price if you drive less. Since you are not out on the road often, you have a low accident risk, and your insurance bill should reflect the same.

This type of insurance allows you to insure your car based on the kilometers you drive in a year. Depending on your driving needs, you can opt for a mileage plan between 3000 to 10,000 km/year. If you exceed the kilometers of your plan, you also have the option to top up your insurance coverage with more km for that particular policy year.

According to a survey conducted by Feedback Consulting, 75% of Indian commuters travel less than 1,000 km a month (or roughly less than 35 km a day), and most people simply travel from home to office. The Pay-as-you-drive add-on guarantees policyholders do not have to pay a huge premium as per the make and model of the car but rather how much they use their vehicle

Pay how you drive

The premium for Pay how you drive cover is calculated based on how you drive your car while on the road. The better and safer you drive, the lesser you pay.

The telematics device uses GPS technology to calculate your driving scores, vehicle health and other metrics to collect facts about your driving. This information collected is then used to calculate a driver score that is unique to you.

If it's good, you could reduce your insurance premium at the time of renewal and get a thumbs up for safe driving. While there are no penalties yet for low driving scores, the premium discounts these drivers can avail of are also very low. Drivers can also use these scores to improve their driving and build better habits.

Who should consider buying Pay how you drive cover?

Many drivers may benefit from a behaviour-based telematics car insurance cover if they drive safely and avoid accidents. This cover especially makes sense for demographic groups that are charged above-average premiums, such as:

Who should consider buying Pay as you drive cover?

The pay-as-you-drive cover is a good fit for:

How much can I save with Pay as you drive insurance?

Since standard car insurance premiums depend on geography, make-model, and age of the vehicle and are not based on their usage, most car owners who opted for Pay as you drive policy saved on their premiums.

Our experience with the Pay as you drive policy under the Sandbox regulation in 2020 also helped us learn that 56% of customers chose to Pay as you drive over conventional insurance due to its cost-effectiveness and usage-based premiums. In comparison, 22% bought this policy due to its telematics benefits.

In Conclusion

While PAYD & PHYD can help many save on their premiums, sometimes, you may not see a discount even if you are a good driver. If you commute to distant locations for work every day and drive above the average speed often, you're more suited for a standard insurance plan. 

These add-ons are suitable for customers with multiple or expensive cars looking for a motor policy that gives them more control over how much they spend on insurance every year. 

Premium Petrol vs Normal Petrol

Mostly the people who drive for the very first time generally get into the dilemma of choosing a particular petrol type when they arrive at a gas station. They get in a confusion, whether to choose normal or premium petrol. Comparing the prices of both types, anyone could figure out that premium petrol is a higher grade of petrol, but no one realises what extra factors give each petrol type its own character and associated results. Premium petrol has its own properties and varies in cost according to brands and specifications. Certain vehicle engines require high graded petrol. The vehicle owners should be careful in such cases, because nowadays there are lot of scams happening at gas stations where they cheat the customers by filling up normal petrol while saying that it is premium type. For engines designed to run on premium petrol, this could eventually cause severe malfunction. To cover the repairing expenses arising out of such instances, vehicle owners are recommended to keep their vehicle insurance handy. Buy the best two wheeler or car insurance to protect your vehicle from such liabilities.

Premium petrol

Petrol contains a chemical component called octane. Premium type petrol has a higher rate of octane component in it. The measure of octane contained inside the fuel decides how well it will function in higher-pressure motors – high octane fuel works more successfully than lower-rated fuels. The standard rating for oil in the UK is 95 octanes, and each vehicle sold in the UK has its hardware tuned so it can run appropriately on this fuel. Premium fuel is more expensive than standard due to its higher rate of octane. The benefits of this increased octane rating include lower fuel consumption as well as better engine protection and performance.

Updated on 10-04-2025

One fine morning Mr. Bose called his close friend, Devyani and tells her that his car has gone for maintenance service, but he has some important errands line up for the day. Devyani happily obliged him when he asked to lend her car for the day. Hours later, he called her again to inform that he has met with an accident.

You can find yourself in Devyani’s shoes at some point in your life. You might be wondering if your car insurance coverage is still applicable when your friend crashes your car. At such a juncture, several questions can make you anxious.

• Can I claim the insurance on my damaged car?
• Is my friend covered under the insurance plan?
• Who will pay for the compensation amount against the damages?

Coverage for Accidents Caused by a Friend

You might be scratching your head on the above question. The good news is that most other drivers are covered under car insurance. ‘Permissive Drive’ rules are applicable in such instances. The driver should be driving your car with your consent, along with a valid driving license.

According to the Indian motor tariff, anyone can drive a car under the permitted laws. Hence, don’t worry before lending your car to your friends or family members. You can make a claim with your motor insurance company even when your friend crashes the car.

How Will the Damage Be Covered?

If your friend borrows your car and he/she meets with an accident damaging it, normally, your insurer will pay the compensation amount under ‘collision coverage’, and you will have to pay the deductible. If your friend is also injured while driving, your insurance may pay for the driver under ‘liability coverage’ unless he/she is excluded by the policy.

However, if the accident was caused by the negligence of any other driver on the road and you can prove it, the third-party insurer of that driver will pay the compensation to you and your insurance will remain unaffected.

Thus, there is no harm in lending your vehicle to your friends or family members as your car insurance will cover the damages under the collision coverage. However, always make sure the person has a valid driving license and he/she is driving under the permissible laws.

Steps to Take After a Friend Crashes Your Car

In the unfortunate event that your friend crashes your car, follow these steps to ensure a smooth claim process:

1. Ensure Safety: First and foremost, check for any injuries to your friends, passengers, or third parties involved. Seek medical assistance if necessary.
2. Document the Scene: Take photographs of the accident scene, including damages to all vehicles involved, licence plate, and any relevant road conditions or signs.
3. Exchange Information: Collect contact and insurance details from all parties involved in the accident.
4. File a Police Report: In India, it's mandatory to file a First Information Report (FIR) for accidents involving third-party injury or significant property damage. This report is crucial for the insurance claim process.
5. Notify Your Insurance Company: Inform your insurer about the accident as soon as possible. Provide them with all necessary documentation and cooperate fully during the investigation.
6. Avoid Admitting Fault: Tell your friend not to admit fault at the scene. After a thorough investigation, the authorities and insurance companies should determine the fault.

Documents Required to File a Car Insurance Claim

To expedite the claim process, ensure you have the following documents ready:

1. Duly Filled Claim Form: Obtain this from your insurance company or download it from their website.
2. Copy of the Vehicle's Registration Certificate (RC): This verifies ownership and details of the vehicle.
3. Driver's Licence: A copy of your friend's valid driving licence.
4. First Information Report (FIR): Especially necessary in cases involving third-party injury or significant damages to their property.
5. Insurance Policy Document: A copy of your car insurance policy.
6. Repair Estimates: Obtain a repair estimate from an authorised garage.
7. Medical Reports: If there were any injuries, medical reports and bills might be required.

Having these documents organised and readily available can significantly streamline the claim settlement process.

FAQs

1. Will my insurance premium increase if my friend crashes my car?

Yes, filing a claim can lead to an increase in your insurance premium upon renewal. Additionally, you may lose any accumulated No Claim Bonus.

1. Is my friend liable to pay for the damages?

Legally, as the car owner, you are responsible for damages. However, you can have a personal agreement with your friend regarding reimbursement for deductibles or increased premiums.

1. What if my friend was driving under the influence?

If your friend was intoxicated during the accident, the insurance company is likely to reject the claim due to a violation of policy terms.

1. Does insurance cover apply if my friend is a learner driver?

If your friend holds a valid learner's licence and adheres to the conditions (such as being accompanied by a licenced driver), the insurance should cover the accident. However, it's essential to verify this with your insurer.

1. Can I exclude certain drivers from my insurance policy?

Some insurance policies allow you to exclude a specific person or persons from the insurance. Consult the insurer and communicate your needs to learn more about such details. 

Conclusion

Letting a friend drive your car can be generous, but you should be aware of how it affects your insurance coverage. Ensure that your friend is a responsible driver with a valid licence and follows all traffic laws. Learn all about your policy's terms and conditions while buying car insurance online to avoid any surprises in the event of an accident. Open communication with your insurer can provide clarity and ensure that you're adequately protected, regardless of who is behind the wheel.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

What Does Nominee Mean in Car Insurance?

Well-planned insurance coverage for your car includes a well-thought decision regarding a suitable nominee. It ensures a smooth transfer of car ownership in case of the policyholder’s demise. Keeping this in mind, let us understand who a car insurance nominee is and what are his/her rights and duties.

Meaning of Nominee in Car Insurance Policies

While purchasing the car insurance policy, you need to name a nominee along with other essential personal details. A nominee in car insurance serves a similar function as that of any other insurance policy or any other asset an individual holds.

Legally, in the case of an individual’s demise, the assets and any other property owned by him/her is passed on to the legal heir. When naming a nominee, such legality is executed and brought to force, making the named individual the legal heir and effecting policy transfer in the case of the unfortunate demise of the policyholder.

Naming a nominee also eliminates any chances of legal dispute if there are multiple legal heirs to the individual. For instance, if a person has two children, X and Y, both would be the legal heirs to his property. However, if he has named X as the nominee in his car insurance policy, in the case of the policyholder’s demise, any scope for ownership dispute is eliminated.

Now, one must also understand that the policy should be active while such policyholder is deceased for this to effect. The benefits mentioned under the coverage plan would be applicable and claimable by the nominee only if the policy was active during the policyholder’s demise.

Under circumstances where the car insurance nominee hasn’t been mentioned, the ownership of such policy passes on to the legal heir without dispute.

The Indian automobile industry has witnessed some tectonic changes during the last few years. Some of these changes are increasing penetration of electric vehicles, innovative connectivity features in cars, digitalisation of

The most noteworthy change among these is the increasing adoption of electric vehicles (EVs). Despite the COVID-19 pandemic, EV manufacturers sold 5,32,485 units in India during the last two financial years. With the Government pushing for complete electric mobility and rising fuel prices, these figures will expand by 26% between 2021 and 2023.

So, if you are planning to buy a new car soon, you should start looking at the futuristic EV options. Almost all top automobile brands in India have started offering electric cars to their customers. You can select from a range of impressive options from some world-renowned car manufacturers.

What about car insurance?

As per the Motor Vehicles Act of 1988, all vehicles in India must be insured with a motor insurance policy; electric cars are not exempted from this rule. It means that you have to compulsorily buy car insurance for your electric vehicle to drive it on Indian roads. However, electric car insurance policies aren’t the same as regular car insurance plans.

Since electric cars are battery-powered and consist of a different engine, coverage offered by an electric car insurance policy is more customised. Also, the cost of car insurance for electric cars is higher as compared to the usual petrol and diesel cars.

Owning a car is a dream come true for many, for others it could be a much-needed asset—whatever is your reason for loving your car, make sure you secure it with the right car insurance policy. The Motor Vehicle Act, 1988 mandates third-party insurance for every car owner. However, a third-party policy offers only partial cover. While it covers third-party liabilities in case of a mishap, it will not protect you against any injury or damage to your car. Therefore, it is advised to secure your car and your finances with a comprehensive car insurance policy since it covers third-party liabilities as well as your own damage. A comprehensive car insurance policy can give you complete financial protection in the face of an unfortunate event.

What is the deductible in car insurance?

This is important. Remember, no insurance policy pays 100% of the claim amount since every plan comes with a deductible. A deductible is an amount you have to pay from your pocket as and when you make a claim. So, when an unfortunate event occurs, you pay a certain amount by yourself, and then the insurance company settles the remaining amount. For example, let’s say your car insurance policy has a fixed deductible of 5% and you make a cashless claim for Rs 50,000. In this scenario, once you make a claim, the insurer will ask you to pay the deductible, which will be Rs 2500 in this case. After you pay, the insurer will settle the remaining amount, which is Rs 47,500 directly with the garage.

In case of a reimbursement claim, you will have to pay the entire expenses to the garage from your pocket and the insurance company will reimburse the claim amount after deducting the deductible.

How are car insurance deductibles beneficial?

Car insurance deductible is beneficial to policyholders as it reduces your insurance premium amount considerably. The higher the deductible, the lower the premium. Therefore, many people opt for a higher deductible to reduce the car insurance premium.

Deductible is beneficial to the insurance company as it discourages the policyholder from making small claims.

There have been various predictions about the increase in motor insurance premiums in recent years. You must have scrolled through the websites of several insurers to check the price hikes, whether it was for comprehensive insurance or third-party coverage. Much to your anticipation, the Insurance Regulatory and Development Authority of India (IRDAI) has recently proposed amendments to third party car insurance pricing. The last revisions were made in June 2019, just before the onset of the pandemic.

The Ministry of Road Transport and Highways (MoRTH) and IRDAI’s latest proposal calls for a significant increase in third party car insurance premium. However, the car insurance price hike is kept to a minimum for private and commercial cars.

The proposals were made after reviewing the last 10 years' insurance claims and premiums data. The new rates will be effective starting 1^st April, 2022. 

What is third-party car insurance?

Third-party car insurance is the minimum insurance cover needed to drive a car in India. The policy covers the property loss and physical injury of a third party. Simply put, it is a pact between you and your insurer where the insurer agrees to indemnify you if you are sued or are found legally accountable for the death, injuries, or property damage caused to a third party.

In India, the rate of third party insurance is decided by the IRDAI and not by the insurance companies. The insurer is responsible for fixing the rate of standalone own damage insurance and comprehensive car insurance—own damage portion plus add-ons. The rates are set following a thorough evaluation of the claims paid out by various insurers over a period.

Let's go over the benefits of the third-party cover to understand why you should get it before the car insurance price increases.

Features of third-party liability cover

• Third-party legal cover is mandatory by law. 

• It compensates the third party for property damage caused by your car.

• If a third person is injured physically, the policy will cover their medical costs.

If a third person dies or becomes permanently disabled as a result of an accident involving your car, the policy will pay a lump sum amount.

So, how many times have you read the article stating that under the MV Act of 1988, car insurance is mandatory? Twice? Or, thrice a week? You may have insurance cover for your car but do you remember its expiry date? Avoid the last-minute rush to your insurance company’s branch for car insurance renewal, figuring out discounts, deals and the process. In such situations, having a customer-oriented insurer can make life much easier for you. Renewing car insurance with ICICI Lombard comes with numerous advantages sans any stress or hassles. Want to know more? Keep reading.

Advantages of Renewing Your ICICI Lombard Car Insurance Policy

Saves Time:

Do you usually take a day off only for car insurance renewal? Consider going on a movie date instead because, with ICICI Lombard, car insurance policy renewal takes just a few minutes. Here are the steps for instant car insurance renewal.

• Visit the ICICI car insurance renewal page.
• Enter your car's registration number and registered mobile number.
• Click on the 'Proceed' icon.
• Follow the instructions displayed on your laptop screen.

In case you find this method difficult, simply visit the link sent to your registered email address and mobile number.

Easy Customisation:

Did you forget to buy the add-on you wanted for your car the last time you bought a policy with ICICI Lombard? Do not forget it this time. With us, you can select from nine different car insurance add-on cover. All you have to do at renewal time is customize your policy with the add-on you think is best for your car. However, keep in mind that add-ons come with an additional policy premium and the calculation is based on the type of your car's policy cover. The different add-ons available at ICICI Lombard are:

• Roadside assistance cover
• Zero depreciation cover
• Consumable cover
• Garage cash cover
• NCB protection cover
• Engine protect plus
• Return to invoice cover
• Key protect cover
• Personal belonging cover

No Claim Bonus (NCB):

ICICI Lombard appreciates your safe driving through the policy year and rewards you with a No Claim Bonus for each claim-free year. When you opt for car insurance policy renewal within 90 days from its expiry day, you are eligible to retain your NCB. This way, you can easily lower your policy premium up to a maximum of 50%. To understand the NCB retention in a detailed manner, look at the table below.